Rockport, Washington Property Taxes
The median property tax rate in Rockport, WA is 0.74%, which is lower than both the national median of 0.99% and the Washington state median of 0.88%. With the median home value in Rockport at $283,900, the typical annual property tax bill is $1,931, falling below the national median of $2,690. Property taxes in Rockport are calculated based on the tax assessed value, which often falls below the market value due to various exemptions such as primary residence and agricultural exemptions. Understanding Rockport's property tax system, exploring available exemptions, and identifying opportunities for reductions can lead to significant annual savings. Whether you're in the heart of Rockport or another part of the city, understanding the local property tax system will benefit both homeowners and real estate investors.
Last Updated June 14, 2024
Rockport, Washington Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Average Tax Rate
0.74%
Estimate Property Tax Bill
$2,101
$2,052
$1,148
Average Rockport, Washington Tax Savings
Ownwell’s Rockport Property Tax Bill Calculator helps any homeowner, real estate investor, or potential owner estimate their annual property taxes in Rockport with just two data points. By entering your property's estimated assessed value, the calculator applies the median tax rate in Rockport to estimate your property tax bill. This insightful tool not only helps you understand potential tax liabilities but also illustrates how Ownwell can assist in reducing property taxes in Rockport. If you’re interested in seeing trends on a neighborhood level, scroll down to find more localized information. Your property’s assessed value is the value assigned by the county for property tax calculations, accounting for any exemptions that may apply.
Property Tax Rates Across Rockport, Washington
Property taxes in Rockport, Washington, play a crucial role in funding essential local services such as public schools, road maintenance, and emergency services. The median tax rate in Rockport is 0.74%, which is lower than the U.S. national median of 0.99%. Local government entities within Rockport set these rates annually, and they can vary significantly across different neighborhoods. Each year, Rockport estimates its required budget to maintain services for the upcoming fiscal year, then divides this budget by the total value of all taxable property within the jurisdiction to calculate the property tax rate. While tax rates and budgets are influenced by laws and voter input, this calculation forms the basis of setting property tax rates. The data below compares Rockport's effective property tax rate to other counties in Washington and the national median. For comparison, the 98283 zip code has the highest median property tax rate of 0.74%, while the same zip code also has the lowest median tax rate of 0.74%. Understanding how these cities compare with Rockport provides valuable insights into the varying tax landscape across Skagit County, helping homeowners gain a clearer picture of their property tax obligations relative to neighboring areas.
Average Rockport Tax Rate
0.74%
Average Skagit County Tax Rate
0.86%
Average Washington Tax Rate
0.88%
Average United States Tax Rate
0.99%
Property Tax Rates Across Rockport, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98283 | 0.56% | 0.72% | 0.74% | 0.76% | 0.83% |
Source: Ownwell
$1,148
Average Rockport Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Assessment Values Across Rockport, Washington
Understanding the difference between "market value" and "assessed value" is crucial for comprehending property taxes in Rockport, Washington. The market value is the price a willing buyer would pay a willing seller in an open and competitive market, influenced by factors like location, property condition, and economic trends. This value is estimated by the Skagit County Assessor for tax purposes. In contrast, the assessed value is the market value minus any applicable exemptions or limits based on local laws and available programs. The assessed value is then used to calculate your property taxes by multiplying it by the combined tax rates of all relevant taxing entities. In Rockport, assessment notices are typically mailed out in the spring, usually by mid-April. These notices provide homeowners with both the market and assessed values, along with an estimate of the annual property tax bill. By understanding the distinction between these valuation concepts, property owners can better navigate their tax responsibilities and comprehend how their property taxes are determined. Being aware of these valuation processes in Rockport helps identify opportunities for protesting assessments or applying for exemptions to effectively manage the tax burden. The zip code 98283 has the highest and lowest median tax bill at $1,931.
Average Rockport Assessed Value
$283,900
Average Skagit County Assessed Value
$473,200
Average Washington Assessed Value
$482,000
Average United States Assessed Value
$244,900
Property Tax Assessment Values Across Rockport, Washington
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98283 | $72,480 | $174,200 | $283,900 | $422,950 | $519,800 |
Source: Ownwell
$1,148
Average Rockport Tax Savings
Save on your property taxes & more with Ownwell.
Property Tax Bills Across Rockport, Washington
In Rockport, WA, property tax bills are calculated based on the assessed value of a home, which is determined by the Skagit County Assessor's Office. The assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, with a median home price of $283,900, homeowners can expect varying tax bills, ranging from $1,072 at the 25th percentile to $3,757 at the 90th percentile. This variation is influenced by factors such as property improvements, neighborhood changes, and market conditions. High property taxes can significantly impact homeowners, making it essential to ensure that assessments are fair and accurate. Ownwell helps homeowners in Rockport by offering property tax appeal and exemption services. By reviewing property assessments and identifying discrepancies, Ownwell can potentially lower the assessed value, thus reducing the tax burden. With expert guidance and a proven track record, Ownwell ensures homeowners pay only their fair share, offering peace of mind and potential savings.
Average Rockport Tax Bill
$1,931
Average Skagit County Tax Bill
$4,058
Average Washington Tax Bill
$4,284
Average United States Tax Bill
$2,690
Property Tax Bills Across Rockport, Washington
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 98283 | $272 | $1,072 | $1,931 | $3,049 | $3,757 |
Source: Ownwell
$1,148
Average Rockport Tax Savings
Save on your property taxes & more with Ownwell.
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | November 12 |
| Tax Bill | |
| Issued | February 10 |
| Due Date #1 | April 30 |
| Due Date #2 | October 31 |
Links | |
|---|---|
| Skagit Tax Assessor | |
| Website | skagitcounty.net |
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